Understanding the DOL Rule and Its Impact on Agents

06/05/2024 22 min Episodio 295
Understanding the DOL Rule and Its Impact on Agents

Listen "Understanding the DOL Rule and Its Impact on Agents"

Episode Synopsis

Explore the upcoming DOL Rule effective September 23, 2024, and its implications for financial advisors. Understand the expanded definition of a fiduciary, the responsibilities for providing honest, best-interest advice, and the exemptions for insurance intermediaries like IMOs, FMOs, and BGAs. We'll guide you on preparing for the new standards—staying informed, ensuring compliance, and continually enhancing your knowledge to best serve your clients.